Louis Whaling
Real Estate Broker Inc.
Real Estate Broker

182 12TH Street, Hanover, Ontario, N4N1T8

Property Type: Multi-family
Bedrooms: 8
Bathrooms: 6
Storeys: 3
Floor Space: 2358.0000
Land Size: under 1/2 acre

Price: $989,000.00

Great Investment Opportunity. This legal 6-plex will have a cap rate of 6.77 % and a net income of $66,921.00 a year. The building has had many updates. Steel roof in 2018, expanded parking lot in 2020. It passed a fire inspection in 2020. Units 1 & 2 have received some updates. Unit 4 & 5 show well. Unit 5 has just been renovated & received new flooring, bathroom & kitchen. Unit 6 is currently being renovated will receive new flooring & a new kitchen. All tenants pay for their own hydro, 4 of the tenants pay for their own heat. There are 4 - 1 bedroom apartments & 2 - 2 bedroom apartments. This is a great investment opportunity. Call for full details. (id:22352)





Rooms


Building Information

Bedrooms
: 8
Total Bathroom
: 6
Partial Bathroom
: 0
Cooling Type
: None
Stories
: 3
Exterior Finish
: Brick
Foundation Type
: Stone

Property Information

Transaction Type: For sale
Ownership Type: Freehold
Title: Freehold
Sewer: Municipal sewage system
Utility Water: Municipal water

Land Information

Features: Crushed stone driveway, Country residential, Laundry- Coin operated

Other Information

Ammenities NearBy: Shopping

Location:

Address: 182 12TH Street, Hanover, Ontario, N4N1T8
Location Information: 182 12th Street, Hanover (West of 7th Ave)